10/08/2025 | Press release | Distributed by Public on 10/08/2025 05:59
SUPPLEMENT TO THE PROSPECTUSES, SUMMARY PROSPECTUSES AND
STATEMENT OF ADDITIONAL INFORMATION
For the
Allspring High Yield Bond Fund
Allspring Short-Term High Income Fund
(each a "Fund", together the "Funds")
Effectively immediately Chris Lee is removed as a portfolio manager for each Fund, all references to Chris Lee in the Funds' prospectus and statement of additional information are hereby removed.
Effective immediately, Brian Keller is added as a portfolio manager to each Fund.
I. Prospectus Effective immediately, In the section entitled "Fund Summary - Fund Management" for Allspring High Yield Bond Fund and Allspring Short-Term High Income Fund, the Fund Management tables are updated to include the following:
Manager |
Sub-Adviser |
Portfolio Manager, Title/Managed Since |
Allspring Funds Management, LLC |
Allspring Global Investments, LLC |
Brian Keller, CFA, Portfolio Manager / 2025 |
In the section entitled "Management of the Funds - The Sub-Adviser and Portfolio Managers", the table is amended with the following:
Brian Keller |
Mr. Keller joined Allspring Investments or one of its predecessor firms in 2010, where he currently serves as a portfolio manager for the Plus Fixed Income team. |
II. Statement of Additional Information
In the section entitled "Manager and Other Service Providers - Portfolio Managers", the following Other Managed Accounts table is added and the Portfolio Manager Fund Holdings table is amended to include the following:
Brian Keller1 |
Registered Investment Companies |
|
Number of Accounts |
0 |
|
Total Assets Managed |
$0 |
|
Number of Accounts Subject to Performance Fee |
0 |
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Other Pooled Investment Vehicles |
||
Number of Accounts |
0 |
|
Total Assets Managed |
$0 |
|
Number of Accounts Subject to Performance Fee |
0 |
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Other Accounts |
||
Number of Accounts |
0 |
|
Total Assets Managed |
$0 |
|
Number of Accounts Subject to Performance Fee |
0 |
|
Assets of Accounts Subject to Performance Fee |
$0 |
1. | Brian Keller became a portfolio manager of the Fund on October 8, 2025. The information presented in this table is as of August 31, 2024, at which time Brian Keller was not a portfolio manager of the Fund. |
Portfolio Manager |
Fund |
Beneficial Ownership |
Allspring Investments1 |
||
Brian Keller2 |
High Yield Bond Fund |
$0 |
1. | Amounts included in the table above may include notional investments held by the portfolio manager through a deferred compensation vehicle. |
2. | Brian Keller became a portfolio manager of the Fund on October 8, 2025. The information presented in this table is as of August 31, 2024, at which time Brian Keller was not a portfolio manager of the Fund. |
October 8, 2025 |
SUP4323 10-25 |